¥493 Million Loss on Transfer of the Chinese Subsidiary
First written in FY2023-Q2. . Latest entry: FY2023.
The whole theme swung hardest in 2026: 4 of 12 companies on the "Worse" side.
15 other companies' latest entry also says "Other".
- FY2023Full-year business transfer loss updatedAnnual report
「The loss on transfer of business represents the difference between the aggregate amount of ¥880.796 million, comprising a ¥156.941 million investment in 吉奥馬科技（無錫）有限公司, a ¥694.406 million loan to the affiliated company, and ¥29.449 million in other items, and the amount received for transferring all of the company's equity interests in that company to 厦門鏵龍投資管理有限公司.」
The company finalized a ¥493.295 million loss on transfer of business related to the transfer of the Chinese subsidiary for the full fiscal year and disclosed the calculation breakdown. - FY2023-Q3Updated the breakdown of the loss on business transferAnnual report
「The loss on transfer of business represents the difference between the aggregate amount of ¥880.796 million, comprising a ¥156.941 million investment in 吉奥馬科技（無錫）有限公司, a ¥694.406 million loan to the affiliated company, and ¥29.449 million in other items, and the amount received for transferring all of the company's equity interests in that company to 厦門鏵龍投資管理有限公司.」
The company disclosed that the business transfer loss of ¥493.295 million for the first three quarters represented the difference between the transfer price and the total of ¥880.796 million, comprising ¥156.941 million in investments in affiliated companies, ¥694.406 million in loans to affiliated companies, and ¥29.449 million in other items. - FY2023-Q2First statedAnnual report
「The Company recorded a ¥493 million loss on the transfer of business associated with the transfer of all equity interests in its consolidated subsidiary 吉奥馬科技（無錫）有限公司 as an extraordinary loss, resulting in a quarterly net loss of ¥203 million.」
In connection with the transfer of all equity interests in the Chinese subsidiary, a loss on transfer of business of ¥493 million was recorded as an extraordinary loss.